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20130615
20130623
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CSPAN
Jun 21, 2013 11:00pm EDT
the economy of scale? whereas most people please explain your views. >> you can reduce the total amount of expenditures of procurement by quantities but each one you buy will cost more. there is a difference looking at the unit cost and the overall total. >> on the f-22 program roughly estimated costing about $70 billion to develop and procurer 750 aircraft. they started to cut costs by reducing aircraft with a 180 aircraft so the cost of the program did not go up but the cost of each aircraft did. that is the one way to save on this program that will cost just looking at the acquisition cost over 12 billion over the next 25 years, you can try to get efficiencies that i am sure they will be but in the end this happens as those programs to reduce quantities. >> this is not new to do in a development. >> as part of this legendary cycle with the acquisition programs they cannot budget and they have trouble meeting the requirements and then they spend too much money and they cannot buy as much. >> do you believe more competition in the acquisition process will hopes of some of the st
CSPAN
Jun 14, 2013 11:00pm EDT
president more engaged. i'll stop there. essentially the basic need to get the economy going we haven't talked about that yet. the tax reform is going to help the american economy, health care jobs. this competitive world of ours, everything we can, legitimately and reasonably to help american people, help american small business, how multinational corporations to compete better and have less red tape and be less hidebound said they can focus more on jobs. it will help spur the economy. >> i would say the tax code was broken in 1986 and is broken now. i reference this hearing. the three witnesses said the tax code is broken and i would agree on everything maxed site. the other thing habitat is the world has changed since 86. the ability to invest around the world with the click of a mouse is so much easier. we have to look with other countries have done as well and have modernized tax systems. we have an international business side and the other thing is somewhat similar is you have to be very persistent. that reform would not have happened without continual persistent enough fo
CSPAN
Jun 19, 2013 11:00pm EDT
democratic candidate hakim jeffries on the economy. then pennsylvania republican tim murphy on health care laws and its implementation is behind schedule. "washington journal" is live at 7:00 a.m. eastern everyday. >> in a lot of ways, this is a challenging time for people who are conservatives. we have a liberal democratic president who is not only elected and reelected after putting into place some ideas and programs and projects that i think are very wrongheaded, the public had a chance to think about that and they did reelect him. it is a challenging time. it is also an exciting time if what you are tryingt to do and that is to modernize conservatism and bring it in line with what the challenge is for the country at this time. therefore, also the country is thinking about the challenges of the 21st century. neither party is doing a good job of that. there's a lot of opportunities for thinking about what america in the 21st century needs to change about the way it governs itself. in order to get back to economic growth and prosperity and a kind of cultural revival that we need. it
CSPAN
Jun 17, 2013 11:00pm EDT
of it i think is release is the fragility of the housing market in the economy. when the fed is buying a massive amounts of mortgage-backed securities, is probably not a time to try to turn over to the private sector. so, but, you know, we reach the point now that i think it is seriously -- and i am very pleased that congress, particularly the senate, is working on a bill because it is time to start the dialogue. make your to, but think it is time to start thinking about what the future should be. >> what do you think are the preconditions to ' would need to be agreed to as a step on the way up conservatorship? what is the context that would get us out -- to the promised land of some kind of future? >> you know, there is all series of principles that would have to be discussed. i think, you know, we own banks or investors in banks outside of the u.s., so we are used to seeing banks owning more is in this country. i think we need to get some of those banks back in, and they're starting to buy mortgages in this country, but they're not going to do 30-year fixed-rate mortgages. the
CSPAN
Jun 20, 2013 11:00pm EDT
payment advisory board causing medicare spending as a percentage of our economy to skyrocket. the trustees report and the alternative scenario reinforced for prompt attention to medicare severe financial problems. as we will hear from our witnesses today we will continue to push but now's the time to act as the sooner we make changes the better the program structure, the less drastic these changes will have to be. it's my hope that this hearing will help my colleagues on both sides of the aisle continue to understand the extent of financial problem that pushes us to work toward a bipartisan common sense solution. we can't wish this problem away. medicare is going broke to quickly and no amount of position political game is going to change that fact. the medicare board of trustees urged us as congress to take prompt legislative action and recognize the projections in this year's report continued to demonstrate the need for timely and effective action to address medicare's remaining financial challenges. so if the trustees don't view the two added years of solvency is a significant
CSPAN
Jun 18, 2013 11:00pm EDT
trillion. >> this, in turn come a ways on the economy as a whole. can you explain how the cfpb has approached this critical issue. >> i would prefer that in our office. we handle our student loan initiatives and i would say that it is one of the areas that we are very proud of in terms of the activities that we have proceeded with. but he is much more adept at answering those questions. >> thank you. going back to the financial question is part of my colleagues. they have argued that the cfpb should be subject to ensure greater accountability for the agency. this is despite the fact that congress has consistently provided for independent funding for other bank regulators. in your own personal view, can you tell me how likely you could explain why congress gave all the bank regulators independent funding, and to what extent is it important for a regulator with responsibility for examining large institutions with stable and consistent funding. >> congressman, i think that your last point is the point that having that stable funding allows us to focus on our mission. it allows us to p
Search Results 0 to 5 of about 6